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Selected financial information for Magnetic Imaging Corporation is shown below. Sales Net operating income $ 17,500,000 $ 5,900,000 Average operating assets $ 35,100,000 Required:
Selected financial information for Magnetic Imaging Corporation is shown below. Sales Net operating income $ 17,500,000 $ 5,900,000 Average operating assets $ 35,100,000 Required: 1. Compute the margin for Magnetic Imaging Corporation. (Round your answer to 2 decimal places.) 2. Compute the turnover for Magnetic Imaging Corporation. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Magnetic Imaging Corporation. (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI % %
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